Detail akcie Herzfeld Carib online

Business Summary: The Herzfeld Caribbean Basin Fund, Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund's investment objective is to obtain long-term capital appreciation. The Fund pursues its objective by investing primarily in equity and equity-linked securities of public and private companies, including United States (U.S.)-based companies, whose securities are traded principally on a stock exchange in a Caribbean Basin Country or that have at least 50% of the value of their assets in a Caribbean Basin Country or that derive at least 50% of their total revenue from operations in a Caribbean Basin Country. Under normal conditions, the Fund invests at least 80% of its total assets in equity and equity-linked securities of Caribbean Basin Countries. The Fund invests in various countries including U.S., Mexico, Puerto Rico, Liberia, Bermuda, Panama, Netherlands and Cuba. The Fund's investment adviser is HERZFELD/CUBA, a division of Thomas J. Herzfeld Advisors, Inc.
Financial Summary: BRIEF: For the fiscal year ended 30 June 2024, Herzfeld Caribbean Basin Fund Inc revenues increased 25% to $826K. Net income decreased 79% to $1.6M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was offset by Unrealized G/L on Investment Securities decrease of 95% to $363K (income), quarterly disribution fees increase from $13K to $31K (expense).